Meanwhile, another publicly traded online gambling company, Sportingbet, found itself on the receiving end of a lawsuit recently. Although Sportingbet has a poker room, it's main focus is as the name suggests, a sports betting facility. (In my experience, one of the better ones on the internet.) It also owns Paradise Poker.
The lawsuit was not about the legality of gambling or any of the other issues that the average person thinks plague the world of online gambling. Instead, it is the bane of any online (or offline) company — copyright infringement. Rotoplay, a fantasy sports-based, gambling site alleges that Sportingbet stole its lottery style games.
The business of online gaming has reached the level of the yahoos and the ebays of ten years ago. While the nonplayer may be worried that it's all a big scam on the level of spyware, these are multi-million dollar publicly traded companies dealing with market share, investor relations and software rights. The "real" business at the top level translates into a real product that you can use, if online poker is your thing.
Article comments
1 - Justene
Thanks to Aaman for the conversion of the prices into US dollars.